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The yield on a 10 year Rutgers municipal bond is .97%. What is the equivalent taxable yield given a 28% marginal tax rate? Enter

The yield on a 10 year Rutgers municipal bond is .97%. What is the equivalent taxable yield given a 28% marginal tax rate? Enter your answer in decimal format (.0123), not percentage format (1.23%). Round to 4 decimal places.

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